More blockchain companies move to Malta

Another day passes by and although August is a traditionally slow month in the business and finance circles, Malta does not seem to be resting on its laurels at all. After several announcements regarding cryptocurrency exchanges and crypto banks, we now have the announcement coming that ZB.com, the world’s fith-largest cryptocurrency exchange by daily trading volume, is setting up shop on the sunny Blockchain Island.

ZB.com will set up its operations in Europe with the launch of a new exchange in Malta. The company, which is the world’s fifth-largest cryptocurrency exchange by traded value, will open an office in St Julian’s, a bustling business centre in the heart of Malta. This latest announcement follows those by Binance, OKEx and DQR, who have also opened offices on the island.

Parliamentary Secretary for Digital Economy and Innovation Silvio Schembri also tweeted about the announcement.